Sure looks like this recovery may be puny. Because we did not feed the economy the Wheaties it deserved.

Last week government admitted the economy lost more jobs than it first thought. It lost 800,000 more. Government also admitted it over-estimated growth for the third quarter. The new figures are anemic.

Regional banks tell us small businesses are not asking to borrow much money. That means they are investing sweet little in expansion. They are investing little in projects that will create jobs.

The politicians can crow all night about government creating jobs. The real jobs machine is small and mid-sized business. The truth is the bailout money went to big banks and big business. Government bailed out the unions and Wall Street.  It neglected entrepreneurs and Main Street.

And a lot of the bailout money went into pork. Politicians stuck their snouts in the trough for their cronies. They stuck out their hind quarters toward the guys who create jobs in America.

The politicians then poured salt in the wounds of entrepreneurs. They ran up unbelievably large deficits. These will have to be funded by more and more taxes. Who will get smacked by the taxes?  Entrepreneurs. The guys who run our jobs machine.

Put yourself in the shoes of an entrepreneur. You wonder constantly what your profits will be if you risk more time and money in your business.